2004
DOI: 10.1080/1369183042000286304
|View full text |Cite
|
Sign up to set email alerts
|

Inflow of migrants and outflow of investment: Aspects of interdependence between Greece and the Balkans

Help me understand this report

Search citation statements

Order By: Relevance

Paper Sections

Select...
2
2
1

Citation Types

2
23
0
2

Year Published

2004
2004
2015
2015

Publication Types

Select...
4
3
1

Relationship

3
5

Authors

Journals

citations
Cited by 35 publications
(28 citation statements)
references
References 13 publications
2
23
0
2
Order By: Relevance
“…As Labrianidis et al (2004) point out, in line with the predictions of standard factor mobility models, during the 1990s Greece experienced two distinct trends, which are the two sides of the same coin. On the one hand, there were large inflows of immigrants mostly from neighbouring Balkan countries and, on the other hand,…”
Section: Foreign Direct Investmentsupporting
confidence: 62%
See 1 more Smart Citation
“…As Labrianidis et al (2004) point out, in line with the predictions of standard factor mobility models, during the 1990s Greece experienced two distinct trends, which are the two sides of the same coin. On the one hand, there were large inflows of immigrants mostly from neighbouring Balkan countries and, on the other hand,…”
Section: Foreign Direct Investmentsupporting
confidence: 62%
“…What is also interesting is that Greek FDI seems to be the result of a strategic business decision, with a long-29 term time horizon, and is systematically spread across numerous countries and sectors of economic activity (Bastian, 2004). Labrianidis et al (2004) trace the source of this phenomenon as well as the employment of immigrants by small firms in Greece on the effort of small Greek firms to deal with international competition by relying on labour intensive strategies either by using cheap labour supplied by (mainly Balkan) immigrants in Greece, or by exploiting lower labour cost available in the same Balkan countries, thus by investing abroad. They are quite ambivalent regarding the final outcome of this strategy in the sense that these inter-related phenomena can prove either a blessing or a Pandora's Box for the economies and societies of the countries involved.…”
Section: Foreign Direct Investmentmentioning
confidence: 99%
“…The majority of Greek investment projects are commercial enterprises and industrial plants, with a small but significant presence of service companies (Labrianidis 2000). Although there are numerous investors, the bulk of capital is owned by ten companies only, which account for about 64 per cent of total Greek investments in Balkan countries, while more than half of the total capital is invested by a few publicly owned firms, with Greek Telecom (OTE) having 46 per cent on its own (Labrianidis et al 2004). We have thus two kinds of FDI: in terms of volume, a few large companies with high-value investment dominate; in terms of numbers, the typical small Greek enterprise prevails.…”
Section: Greece In Southern Europe and The Balkan Dimensionmentioning
confidence: 99%
“…in the post-1989 East-West context, with massive clandestine waves of migrants from Albania. At the same time, it underwent another important shift: from a net receiver of FDI it became a net exporter of capital, with the Balkans being the privileged destination of direct investment abroad (Labrianidis et al 2004). Factors such as the pursuit of cheap labour and natural resources, the avoidance of tariff impediments, the issue of geographic and cultural proximity and the presence of ethnic Greek communities, the 'virginity' of the local markets and the initial hesitation of large multinationals contributed significantly in attracting Greeks to invest in the Balkans.…”
Section: Greece In Southern Europe and The Balkan Dimensionmentioning
confidence: 99%
“…Mobility is a key to the solution of their competitive problems, not only in the form of labour flows in Greece, which they can employ cheaply and flexibly at home, but also because many companies move to the neighbouring Balkan countries, where they can exploit at even more profitable conditions the local labour force. As mentioned in the introductory section, this is the dominant type of entrepreneurial behaviour among Greek companies investing in Balkan countries (Labrianidis et al, 2004). In that sense, the Balkans constitute a "pool" of cheap labour force which can satisfy the demands of a section of Greek small capital either domestically (immigration), or abroad (FDI).…”
Section: Belgeo 1-2 | 2013mentioning
confidence: 99%